E-commerce: Facebook launches the Business Suite application for SMEs

Technology: Facebook is continuing its strategy of developing e-commerce on its platforms, by designing new tools for businesses. Facebook is launching a new application for small businesses, allowing you to manage professional pages or profiles on both Facebook and Instagram.  Facebook Business Suite The tool is called "Facebook Business Suite". The platform explains that this app allows businesses to post to Facebook and Instagram at the same time, and manage and receive messages, notifications and alerts in one place. The interface will also measure engagement, visualizing the tool's metrics through an information tab on Facebook and Instagram.

"We first designed Facebook Business Suite for small businesses, but it's a long-term investment, and we hope to make it the primary interface for businesses of all sizes that use Facebook, Messenger, Instagram and WhatsApp," Facebook CEO Sheryl Sandberg said in a blog post yesterday. “Th…

Ottawa Expands Support For Small Businesses

Prime Minister Justin Trudeau made the announcement at his press conference Tuesday morning. "This is an important decision, which will protect people on both sides of the border," said the Prime Minister.
The two countries will therefore have to decide whether on June 21 the border will be able to open again.

Ottawa Expands Support For Small Businesses

"We have been talking to the provinces a lot in the past few weeks and there was a clear desire to continue with the measures we have on our borders. You know this is a vulnerability that we all feel about COVID cases that could happen from the outside, "said Trudeau, in response to a reporter.

He once again praised the "openness" of the Americans in these border negotiations.

Trudeau was more cautious, however, when another journalist asked for his opinion on Donald Trump's regular intake of pills of hydroxychloroquine, the drug whose usefulness in fighting COVID-19 is still not proven.

"I will continue to follow the advice of medical professionals and urge every Canadian to follow the best advice of our health experts," said the Prime Minister simply.

Federal loan program more accessible

Trudeau also took the opportunity to announce the expansion of assistance to businesses.

Ottawa’s $ 40,000 interest-free loan to entrepreneurs through the Canadian Business Emergency Account will be more accessible.

"If you are the sole owner and employee of a business, if your business depends on contract workers or if you have a family business and you pay your employees with dividends, you will be eligible," said Mr. Trudeau.

The federal program has benefited 600,000 small businesses to date, or more than $ 24 billion in credit, according to calculations by Ottawa. These entrepreneurs were able to access a loan of $ 40,000, an interest-free loan, a quarter of which will be forgiven if the debt is repaid before December 31, 2022. Their payroll was to be at least $ 50,000.

The new criteria open the program to applicants who have a payroll of less than $ 20,000 if, among other things, they have expenses between $ 40,000 and $ 1.5 million that they cannot defer, expenses in rent or in property taxes or insurance for example.

Ottawa has not yet announced the date by which requests under these new criteria may be submitted.